Graw, Stephen (2011) Joint ventures. In: Halsbury's Laws of Australia. LexisNexis Butterworths, pp. 556541-556553.
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[Extract] The term 'joint venture' is not a technical one with a settled common law meaning. It connotes an association of persons for the purposes of a particular trading, commercial, mining or other financial undertaking or endeavour with a view to mutual profit, with each participant usually, but not necessarily, contributing money, property or skill.
The term has been used to refer to a joint undertaking or activity carried out through an arrangement other than a partnership, such as a contractual association, a company, a trust, an agency or joint ownership. The focus here is upon persons in unincorporated associations, which are not partnerships, as the rights and obligations flowing from this form of joint venture are now being considered by the courts.
|Item Type:||Book Chapter (Other)|
Title 305: Partnerships and Joint Ventures.
This is a looseleaf publication. From publisher's website: "Halsbury's Laws of Australia is a legal encyclopaedia which provides a comprehensive overview of Australian law, and is a must-have reference tool for legal professionals in private and public sectors, librarians and students. The encyclopaedia's 89 titles cover both mainstream and little known legal subject areas of law."
|Keywords:||partnership; contract law|
|FoR Codes:||18 LAW AND LEGAL STUDIES > 1801 Law > 180109 Corporations and Associations Law @ 100%|
|SEO Codes:||94 LAW, POLITICS AND COMMUNITY SERVICES > 9499 Other Law, Politics and Community Services > 949999 Law, Politics and Community Services not elsewhere classified @ 100%|
|Deposited On:||01 May 2012 13:53|
|Last Modified:||08 Jun 2012 15:55|
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